Female Retail Investors Quadruple on Robinhood App in February
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Female retail investors continue to pile into Robinhood’s platform, almost quadrupling the company’s women customers in February from a year earlier, the company said.
Women now make up almost 30% of the company’s active customers, according to Robinhood’s blog post. Female crypto customers jumped seven-fold since the end of 2020. More than a third of the platform’s customers are non-white, compared with other 20% at other brokerages, the company said, citing survey data.